DFDS

Earnings Release • Oct 10, 2025

SEPTEMBER VOLUMES: MIXED PICTURE FOR FREIGHT

SEPTEMBER VOLUMES: MIXED PICTURE FOR FREIGHT

INVESTOR NEWS no. 30 - 10 October 2025

Ferry - freight: Total volumes in September 2025 of 3.5m lane metres were 0.8%

above 2024 and 1.2% lower adjusted for route changes. YTD growth rates were

0.2% and -1.2%, respectively.

North Sea volumes were on level with 2024 following stable volumes on most

routes. Mediterranean volumes were below 2024 following a continued slowdown in

Turkish automotive manufacturing and domestic demand as well as reduced capacity

on one route in response to the competitive situation.

Channel volumes were above 2024 driven by the new Jersey routes. Baltic Sea

volumes continued to be above 2024 and Strait of Gibraltar volumes were also

above 2024.

For the last twelve months 2025-24, the total transported freight lane metres

increased 2.3% to 41.7m from 40.7m in 2024-23. The increase was 1.2% adjusted

for route changes.

Ferry - passenger: The number of passengers in September 2025 was adjusted for

route changes* down 7.4% to 392k vs 2024 and the adjusted YTD growth rate was -

4.1%. Higher passenger volumes in Baltic Sea were offset by mainly lower Channel

volumes. The number of cars in September was 5.7% below 2024 adjusted for route

changes.

For the last twelve months 2025-24, the total number of passengers

decreased 14.5% to 5.5m compared to 6.4m for 2024-23. The growth rate was 0.4%

adjusted for route changes.

*Adjusted for sale of Oslo-Frederikshavn-Copenhagen end October 2025, exit from

Tarifa-Tanger Ville early May 2025, and addition of Jersey routes from end March

DFDS ferry volumes

September   Last-12-months

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Freight 2023 2024 2025 Change   2023 2024 2025 Change

Lane metres, '000 3,320 3,475 3,502 0.8%   38,512 40,748 41,667 2.3%

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Passenger 2023 2024 2025 Change   2023 2024 2025 Change

Passengers, '000 405 565 423 -25.0%   4,458 6,409 5,477 -14.5%

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DFDS reports monthly ferry volumes for freight and passengers to provide insight

into the development of volume trends in our European route network enabling

trade and travel in and around Europe. The October 2025 volume report is

expected to be published on 6 November 2025 at around 7.30am CET.

Contact

Torben Carlsen, CEO +45 33 42 32 01

Karen Boesen, CFO +45 20 58 58 40

Søren Brøndholt Nielsen, IR +45 33 42 33 59

Dennis Kjærsgaard, Media +45 42 30 38 47

About DFDS

We operate a transport network in and around Europe with an annual revenue of

DKK 30bn and 16,500 full-time employees.

We move goods in trailers by ferry, road & rail, and we offer complementary and

related transport and logistics solutions.

We also move car and foot passengers on short sea and overnight ferry routes.

DFDS was founded in 1866 and headquartered and listed in Copenhagen.

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act